The matching principle requires us to match expenses in the period that they produce revenue. The problem with receivables is that you don't know who is going to default (if you did, you wouldn't lend to them) so you need to estitmate this amount. Whichever method you use, you should remember the conservative principle.
Click here for note
Hi
I am a webmaster of quality financial websites having good internet presence and traffic. And I'd like to have you as my link partner. I'm ready to give you some healthy links from the content.and i have Good pr pages too...i am ready to give u some content page links...
So if ur interested in this deal then plz contact me at:
shellybrown1984(at)gmail.com
If u r not the concerned person than forward this mail to the webmaster..
Waiting for ur reply.
Thanks & regards
Shelly
Posted by: Shelly | February 09, 2009 at 05:31 AM